by Robert Borosage | Mar 18, 2015 | Blog, Economy, People's Budget, Progressive Vision
The Congressional Progressive Caucus unveiled its fiscal 2016 "People’s Budget: A Raise For America" one day after House Republicans released their “A Balanced Budget for a Stronger America” proposal. The CPC touted a $1.9 trillion investment in America’s future and...
by Robert Borosage | Mar 6, 2015 | Blog, Economy, Jobs and Growth
The February Jobs Report – 295,000 new jobs, official unemployment ticking down to 5.5% – exceeds Wall Street expectations. This is the 12th month of payrolls growing over 200,000, the longest streak since 1977 according to the White House. It marks a full five years...
by Robert Borosage | Mar 5, 2015 | Blog, Trade
Utah Sen. Orrin Hatch just postponed the introduction of fast-track trade authority legislation until April. Fast track is designed to grease the skids for passage of the Trans-Pacific Partnership (TPP) trade agreement that is still being negotiated behind closed...
by Robert Borosage | Mar 2, 2015 | Blog, Trade, Trans-Pacific Partnership
The debate over fast-track trade authority – designed to grease the tracks for a vote on the Trans Pacific Partnership (TPP) accords still in negotiation – ought to be the occasion for a fundamental review of our global economic strategy. We know that it is broken....
by Robert Borosage | Feb 26, 2015 | Blog, Economy, Financial Reform
“Yellen Puts Fed on Path to Lift Rates,” reads the banner headline in the Wall Street Journal. The Federal Reserve's chair Janet Yellen is intimating that it might begin to lift interest rates in the middle of this year. If so, its decisions over the next year could...
